I went to the Release section last Friday to run some numbers for my families future. And what I found out was nasty. As it turns out I will NOT be receiving a pension after I finish my IE 20 but once I turn 60 years of age.
The reason for this is due to I didn't have 10 years of service as of Mar 2007, I have 10 years as of Sept 2007.
The big kicker is that if I wanted to take my return of contributions I have to have my release in before March of 2009 , So I have to put in my Release this August to make the deadline.
My plan was to stay for another 3-5 years , take my return of Contributions and invest it. but it turns out my 3-5 year plan is 2-5 week plan.
I have talked with a lot of people on this subject but nothing seems to prove otherwise.
I also know there are members that have signed IE20 and don't have the 10 year mark as of Mar2007, and am hoping that they hear this and make a proper decision with this knowledge.
I am putting this out there to see if anyone can shed light on this subject. any information and /or Legal documentation to prove this wrong would be greatly appreciated
DJ
The reason for this is due to I didn't have 10 years of service as of Mar 2007, I have 10 years as of Sept 2007.
The big kicker is that if I wanted to take my return of contributions I have to have my release in before March of 2009 , So I have to put in my Release this August to make the deadline.
My plan was to stay for another 3-5 years , take my return of Contributions and invest it. but it turns out my 3-5 year plan is 2-5 week plan.
I have talked with a lot of people on this subject but nothing seems to prove otherwise.
I also know there are members that have signed IE20 and don't have the 10 year mark as of Mar2007, and am hoping that they hear this and make a proper decision with this knowledge.
I am putting this out there to see if anyone can shed light on this subject. any information and /or Legal documentation to prove this wrong would be greatly appreciated
DJ